Sprint Nextel Corp. (NYSE:S) announced its intention to redeem a portion of 2014 debt maturities with an aggregate principal amount of $1,169,886,500 on Nov. 19, 2012. The securities comprising the debt retirement are the Nextel Communications, Inc. 5.95 percent Notes that are due in 2014. Furthermore, the company plans to redeem the rest of the 2015 debt maturities with an aggregate principal totaling about $1,109,960,000 on Nov. 19, 2012. The securities making up the debt retirement are the Nextel Communications, Inc. 7.375 percent Notes due 2015.

Vodafone Group plc (NASDAQ:VOD): India’s auction of reclaimed wireless spectrum, set to start on Nov. 12, may fall well short of the government’s fund raising goal as only five of the nation’s 13 operators plan to take part, according to Bloomberg. Vodafone South (NASDAQ:VOD), Bharti Airtel and Idea Cellular are among the bidders, while Tata Teleservices, which is 26% owned by NTT DoCoMo (NYSE:DCM), withdrew, the report noted.

Leap Wireless International Inc. (NASDAQ:LEAP), which is the parent company to flat rate wireless carrier Cricket Communications, reported that its Q3 net profit totaled $27 million, and its first profitable quarter since 2007, largely due to a $130 million net gain coming from an exchange of spectrum licenses. The quarter’s revenue totaled $774 million, versus $763 million in the same period during 2011. For its nine months, Leap reported a revenue totaling $2.4 billion, which is a 3.6 percent rise from the same period during 2011.

MetroPCS Communications, Inc. (NYSE:PCS): T-Mobile is a more well known brand than MetroPCS, and it sounded like the merger between the two companies could indicate the end for the latter brand. However, because of the recent comments from a MetroPCS executive, this does not seem to be the case. CFO Braxton Carter stated that MetroPCS will use the new network space from T-Mobile will extend into markets currently not occupied by it, causing various issues but making some sense, considering the manner in which both carriers operate. The most prominent issue would be the incompatible network technology, and this could be bridged in the long run as the combined company still rolls out LTE markets. However, for now, the differences have the ability to force MetroPCS to offer a different handset lineup in T-Mobile’s GSM markets. It is possible that htey offer T-Mobile’s own handsets, making MetroPCS something of an MVNO.

Level 3 Communications Inc. (NASDAQ:LVLT) stated earlier in the week that it scored a win with the Nemours Foundation, which is a Jacksonville Florida-based operator of children’s health facilities. Nemours owns the Nemours/Alfred I, and duPont Hospital for Children in Wilmington, Del., the Nemours Children’s Hospital in Orlando, Florida, along with a network of pediatric specialty clinics in Delaware, Florida, Pennsylvania and New Jersey. The financial details of the win have not been revealed. Level 3 stated that Nemours has begun to use the firm’s network services to support an electronic medical records system.